MagnaChip Semiconductor Corporation (ADR)
Today, instead of grabbing the Wall Street Journal, I read the Investor’s Business Daily. After taking a cursory look through that newspaper, I thought that I would take a stab at creating a "Global Portfolio."
The Global Portfolio that I came up with consists of 5 stocks: a Puerto Rican Bank, a Japanese Automaker, a Korean Chipmaker, a Mortgage Servicing Company in the Cayman Islands, and a Beverage Maker more »
Marc Lasry was one of the highest paid hedge fund managers in 2010. His Avenue Capital Group invests much of its capital in debt, but its recent 13F filing with the SEC disclosed a few long equity positions as well. By looking at the fund’s positions, we think that investors and market watchers can get a feel not only for specific names that Lasry likes but also for what more »
With a net worth of $1.3 billion, Marc Lasry manages the famous Avenue Capital Management. The fund lost 10 percent last year—the second worst year ever for hedge funds. Lasry invests in distressed companies and has also voiced some interest in European investments as long-term plays. He and his sister, Sonia Gardner, founded Avenue Capital with $7 million of their own capital.
According to the 13F document released more »
Stock market specialist Jim Cramer recommended that you buy these five stocks one month ago on his Dec. 22nd episodes of Mad Money. In this article, I analyze his picks on a relative value basis and analyze each stock's performance since Cramer's recommendation.